New Delhi, May 7 -- The emerging recovery in the rural hinterland, signalled by high-frequency indicators, is gaining further credence from the fourth quarter earnings.

Companies largely catering to the rural segment have demonstrated an impressive show on the volume front, despite an overall revenue slowdown for India Inc. in the final quarter of fiscal year 2024-25. However, these firms struggle with a slowdown in profits, which is building pressure on their margins.

A latest Mint analysis of 32 companies within the Nifty Rural Index which tracks the performance of stocks from the Nifty 500, representing the rural theme, revealed that their aggregate revenue grew by 4% year-on-year during the fourth quarter of the just-concluded fisca...